Output of major crops, including sugar, will be better or equal to 2008-09’s production figures, but food prices are unlikely to return to that year’s levels. Food inflation may have permanently changed to stay on the higher side, economists have said. For a UPA government battling high prices, this could be a gloomy piece of news. A surplus monsoon has boosted acreages of all crops, according to food ministry figures. Output of...
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Farmers in drought hit districts to get diesel subsidy
Farmers in drought hit districts in this unusually heavy rains monsoon season will get a diesel subsidy of Rs 500 per hectare, agriculture minister Sharad Pawar announced here on Friday at the start of the National Conference on Rabi Campaign, even as the Centre awaits bumper crop production for most key Kharif crops including paddy, pulses, coarse cereals and sugarcane. Oilseeds are the only crop where acreage is lower than...
More »Punjab farmers to acquire 50,000 hectares of land in Ethiopia
Punjab-based farmers, who are known for feeding the country, now want to try their hands offshore, with a group of progressive farmers all set to acquire 50,000 hectares of farm land on lease in Ethiopia for growing high-value cash crops, including pulses and maize. "We will be inking a deal with the Ethiopia government next month for getting at least 50,000 hectares of area for growing crops like pulses and...
More »Above normal rains raise India harvest concerns
India’s monsoon rains were 19% above normal in the week to 15 Sept., the weather office said on Thursday, feeding concern cotton and groundnut harvests could be further delayed in Asia’s third-largest economy. “The monsoon withdrawal is unlikely at least in the next couple of days,” said a senior official of the weather office who did not wish to be named. Rains had already exceeded averages by 26% in the previous week. Signs...
More »Agri panel suggests steps to raise grain output
A task force, set up by the agriculture ministry, has recommended a slew of measures to increase India’s stagnating grain production. The panel has advised adoption of new technologies, water conservation and more efficient water management, especially in Punjab, Haryana and western Uttar Pradesh—known as ‘the food bowl of India’. The task force also suggests taking green revolution to the eastern region. It is hopeful that the measures would check...
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